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Table 3. International Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports, 1Q 2017

Reports from 17 airlines in 1Q 2017, (Millions of dollars)

Dataset Table:

International Operations 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 Dollar Change 1Q2016-1Q2017
Net Income 985 1,321 1,226 244 86 -899
Operating Profit/Loss 1,312 1,768 1,806 569 277 -1,036
Operating Revenue* 10,425 11,042 11,470 9,482 9,301 -1,124
Fares 7,650 8,812 9,727 7,822 7,656 7
Baggage Fees 210 225 233 207 209 -2
Reservation Change Fees 268 273 263 222 246 -22
Operating Expenses 9,112 9,274 9,665 8,913 9,024 -89
Fuel 1,537 1,804 2,016 1,806 1,868 331
Labor 3,268 3,446 3,576 3,443 3,414 145

Notes:

Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

Source:

* Passenger airline operating revenue includes four other categories.  1) Transport-related is revenue from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc). 2) Miscellaneous operating revenue includes pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees.   3)  Cargo revenue from transporting cargo in belly of aircraft.   4)  Mail revenue from transporting mail in belly of aircraft.  See the P1.2 database http://www.transtats.bts.gov/Fields.asp?Table_ID=295.